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CoreWeave DDTL 4.0: the credit agreement on one page.
The Credit Agreement (8-K Exhibit 10.1) filed on SEC EDGAR, summarised on the eight terms in-house teams negotiate first, each checked against the filed text.
- Borrower
- CoreWeave Compute Acquisition Co. VIII, LLC
- Sponsor
- CoreWeave
- Signed
- 30 March 2026
- Commitments
- $8,500m
- Administrative agent
- MUFG Bank, Ltd.
- Arrangers and lenders
- Morgan Stanley, MUFG, Goldman Sachs and JPMorgan
- Governing law
- New York
- The filed agreement
- Credit Agreement (8-K Exhibit 10.1)
- In the deal register
- The deal record
- Company profile
- What CoreWeave has signed
The terms
Eight terms
| Term | Position |
|---|---|
| Facility size | US$8.5bn, of which US$4.04bn fixed rate |
| Pricing | SOFR + 2.25% floating; fixed tranche at 2.00% plus a Treasury margin |
| Final maturity | 31 March 2032 |
| The customer contract | One master services agreement, assigned to the borrower (customer redacted) |
| Financial covenant | DSCR of 1.15x, plus minimum liquidity |
| Cash trap and sweep | Cash trapped on a material breach of the MSA, or a CoreWeave bankruptcy |
| Prepayment premium | Make-whole |
| Change of control | CoreWeave must keep 100% of each company in the chain; loans repaid |
Each term links to the same term across all 12 filed facilities. Subscribers see the filed wording below.
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The other filed facilities
Method
The agreements are the exhibits filed on SEC EDGAR as at 28 October 2026, in the form filed: later amendments can change any term, and redacted figures are shown as redacted. Every quotation is checked against the filed document before it is published, and the build stops on any that has not been. The position beside each quotation is a plain summary of it. Nothing here comments on the credit of any borrower or sponsor. General information drawn from public filings. It is not legal advice on any transaction, and using this page does not create a lawyer-client relationship. Views are personal.
